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Market Updates

Wake up Manhattan

MARKET UPDATE | AUGUST 2023

Wake up Manhattan

The city that never sleeps is... in a slumber. New York's real estate market experienced an unusually quiet summer while its global counterpart is making big moves. We see you, UAE.

Gulf SWFs Visit NYC

MARKET UPDATE | MAY 2023

Gulf SWFs Visit NYC

The one thing we can all agree on is that we are over the debt ceiling drama. On a more exciting note, the majority of Gulf SWFs were in New York last week. We were able to meet with the entire bunch, including QIA, PIF, OIA, and Mubadala. 

U.S. Real Estate Myths Debunked

MARKET UPDATE | APRIL 2023

U.S. Real Estate Myths Debunked

This month, we decided to shift our focus and explore the disparity between MENA investors' exposure to U.S. securities vs. real estate and debunk some common misconceptions surrounding purchasing real estate in the U.S.

The Three Bearish Buyers

MARKET UPDATE | Q1 2023

The Three Bearish Buyers

Plunging sales, falling prices, and all-cash deals sum up the first quarter of Manhattan's real estate market.

Investment Opportunities Emerge

MARKET UPDATE | MARCH 2023

Investment Opportunities Emerge

As a result of the bank currently being in flux (a government bridge company now holds it), smaller commercial landlords cannot obtain financing for simple things such as emergency repairs and day-to-day expenses.

Bank Failures and Their Impact on NY Real Estate

MARKET UPDATE | MARCH 2023

Bank Failures and Their Impact on NY Real Estate

Bank bailouts are back! We're all reading the headlines, and we wanted to provide our insight on how the events of the past week will affect the New York housing market.

What goes up, must come down

MARKET UPDATE | FEBRUARY 2023

What goes up, must come down

Greetings! We are back in New York from two weeks in Dubai and we could not have been more impressed with the architecture, ease of transaction (hello all cash), and pricing boom that is happening in Dubai’s real estate market. The city is having a moment and we are all taking notes.

2023 Predictions

MARKET UPDATE | DECEMBER 2022

2023 Predictions

We hope everyone had a wonderful holiday for those who celebrate and a Happy New Year! While we are not claiming to be Michel Hayek and foresee the future, we do have some thoughts on what's to come for the New York housing market in 2023

When will the logjam break?

MARKET UPDATE | NOVEMBER 2022

When will the logjam break?

As the Arab nations are shaping up for a historic World Cup, New York's real estate market continues to struggle like their opponents! We have entered what many call a 'deep freeze,' where both buyers and sellers are sidelined. In addition to this logjam, we’ve had a handful of events this month which lean in favor of buyers. Here is a list and their implications on New York real estate.

Identifying Value

MARKET UPDATE | OCTOBER 2022

Identifying Value

As we enter the fourth quarter, the macroeconomic backdrop sheds more bad news than good. Soaring inflation, rising interest rates, and a global energy crisis are keeping many domestic investors on the sidelines. Further complicating matters are continued uncertainty in Ukraine and heightened tensions with China and Taiwan. All while the world’s largest corporations fight to attract capital as they descend on “Davos in the Desert.”

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